Samvardhana Motherson to acquire SAS Autosystemtechnik from Faurecia for Rs 4,790 crore

Samvardhana Motherson International (SAMIL) announced it is buying SAS Autosystemtechnik, a manufacturer of cockpit modules, from Faurecia for Rs 4,790 crore (€540 million). The acquisition is expected to close between July and September 2023.

“This acquisition will transform Motherson Group as a leading assembler of cockpit modules globally, with a special focus on electric vehicle (EV) models.”business-standard.com

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• business-standard.comSamvardhana Motherson to buy SAS from Faurecia for Rs 4,790 crore | Company News - Business StandardDeepak PatelFeb 19, 2023

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